In 2020, the Cumulative Output of H1 Metal Cutting Machine Tools in China Exceeded 200,000 Units

According to statistics from the National Bureau of Statistics, China's metal cutting machine production reached 416,000 units in 2019, a cumulative decline of 18.8%. As of June 2020, China's metal cutting machine production was 45,000 units, up 15.4% YoY. Cumulatively, China's cumulative production of metal cutting machine tools reached 205,000 units in January-June 2020, a cumulative decline of 7.7%.